$degen
🚨quick analysis for DEGENUSDT futures 🚨
⌛15 MIN Timeframe⌛
📈 Trend Direction (Futures): Consolidating with bullish signs
💰 Entry Price: Around 0.007180 - 0.007220
🎯 Targets:
🥇 0.007300
🥈 0.007350
🥉 0.007400
🛑 Stop Loss🫸 : 0.006950
📢 LEVERAGE X5-X10 🔥
🔧 Analysis Equipment:
◽ MA(7, 99, 200): Price trading between MA(7) and longer-term MAs, MAs below price.
◽ MACD: Bullish crossover, increasing momentum.
◽ RSI(14): Around 52, suggesting neutral territory with room to move.
◽K% (Stochastic): Not visible on chart.
◽CCI : Around 15.87, suggesting price is above the average.
◽Order book : More sell orders than buy orders currently (57.36% vs 42.64%).
💧 Liquidity: Order book shows significant volume, indicates decent liquidity.
🗞️News Sentiment: Recent news highlights DEGEN's Layer 3 network and increased trading volume.
📝 NOTE: Price consolidating, MACD bullish, but order book shows more sells. Manage risk below 0.006950 stop loss.